47, DRUMMOND WAY, MACCLESFIELD, SK10 4XJ - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 DRUMMOND WAY is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £395,000 in October 2022, which was around 14% below the average October 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

47 DRUMMOND WAY Sold Prices

Land registry data shows three sales for 47 DRUMMOND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 47 DRUMMOND WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 27 OCT	£395,000	£458,159	14% below HPI
2015 7 SEP	£265,000	£321,419	18% below HPI
1997 14 JUL	£85,500	£103,929	18% below HPI

47 DRUMMOND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 47 DRUMMOND WAY sales between July 1997 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 47 DRUMMOND WAY?

47 DRUMMOND WAY is 120m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 47 DRUMMOND WAY lies on this distribution: 52% of detached houses are smaller than 47 DRUMMOND WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

47 DRUMMOND WAY: Plot and Title Map

47 DRUMMOND WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 47 DRUMMOND WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 47 DRUMMOND WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 47 DRUMMOND WAY?

47 DRUMMOND WAY is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 47 on DRUMMOND WAY.